HUD Secretary: More must be done to expand homeownership

Department of Housing and Urban Development (HUD) Secretary Julián Castro said Tuesday that more must be done to boost homeownership in the U.S. and make home financing more accessible. REALTORS® welcomed Castro’s comments and in a statement, National Association of REALTORS® President Steve Brown said:

“By making access to affordable homeownership the cornerstone of his vision for the future of the Department of Housing and Urban Development, Secretary Julian Castro is proving himself to be dedicated to the values supported by Realtors® and hardworking families everywhere.

“NAR looks forward to working with Secretary Castro and HUD officials to fulfill his vision and refine FHA policies that ensure responsible borrowers are able to purchase homes at all stages of their lives.”

Find media coverage of Castro’s comments:

New HUD Head Castro Pushes Nationwide Homeownership – National Mortgage Professional

HUD’s Castro Looking to End Shame of Promoting Homeownership – Bloomberg

Julián Castro Urges Broader Access to Mortgages – Wall Street Journal

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